The Minneapolis-based retailer entered into a multi-year partnership with Major League Soccer as part of its push into team sports. Target will also become an official partner of Minnesota United FC and US Youth Soccer.

The fourth annual L2 social media study released last week names Instagram as the biggest powerhouse in the social app world. Snapchat is making progress, but none of the platforms came close to Instagram's dominance.

​The EU proposed Tuesday broadening privacy protections in electronic communications, including how advertisers use cookies for ad tracking, in a bid to promote a digital single market worth tens of billions of euros.

Thirty medium-to-large retail firms closed their doors for the final time in the UK last year, a 20% rise. That meant the closure of 1,504 stores, with fashion seeing a disproportionately high number of closures.